The film, including some of its Technicolor sequences, has been restored by the UCLA Film and Television Archive. The original title sequence and chorus girl number immediately following it, however, are still lost. The sound for two of the Technicolor sequences ("Gallows Song" and "Dream Girl") are also missing.
According to Robert Gitt, film archivist now retired from UCLA, in a lecture at Pacific Film Archive at UC Berkeley, the film was also released with sound-on-disc for those theaters not equipped for sound-on-film. The archive had a report of the soundtrack for this film still existing on disc until the 1994 Northridge earthquake destroyed a set of discs that a collector was planning to donate.
In August 2010, CapitolFest in Rome, New York showed a 102-minute version restored by UCLA Film and Television Archive. Some sequences are still missing the sound, for some sequences only the soundtrack exists.
"The Schoolroom" Helen Kane, Mitzi Green. Kane sings "What Did Cleopatra Say?" to her class
"The Gallows Song" Skeets Gallagher and Dennis King (Technicolor footage survives; sound missing, current prints use King's commercial vocal recording of the song.)[4]
"Rainbow Revels" finale Chevalier and girls' chorus (including Iris Adrian and Virginia Bruce) sing "Sweeping the Clouds Away" (in Technicolor; survives only in black-and-white)[4]
Parada Paramount (Romanian) with Pola Illéry; directed by Rochefort
Paramount op Parade (Dutch) with Theo Frenkel Jr., Mien Duymaer van Twist, and Louis Davids; directed by Job Weening
At Paramount's Hollywood studio, Ernst Rolf and his Norwegian wife, Tutta Rolf, filmed introductions and sequences for the Scandinavian version. Japanese comedian Suisei Matsui introduced the film in Japan. Mira Zimińska and Mariusz Maszynski appeared in the Polish version, and Dina Gralla and Eugen Rex appeared in the German version. Paramount filmed most of the above versions, along with Czech, Hungarian, Serbian, and Italian versions, at their Joinville Studios in Paris.